STOCK TITAN

Nymox Pharm - NYMXF STOCK NEWS

Welcome to our dedicated page for Nymox Pharm news (Ticker: NYMXF), a resource for investors and traders seeking the latest updates and insights on Nymox Pharm stock.

Nymox Pharmaceutical Corporation is a biopharmaceutical company specializing in drug research and development for the aging population. Their lead drug candidate, Fexapotide Triflutate (NX-1207), has completed Phase III clinical trials for benign prostatic hyperplasia and is in Phase II trials for low-grade localized prostate cancer. The company also markets Nicalert and Tobacalert test strips for tobacco product detection and Alzheimalert, a urine assay for Alzheimer's diagnosis. Founded in 1989 and headquartered in Nassau, Bahamas, Nymox operates globally in Canada, the US, Europe, and beyond.

Rhea-AI Summary

Nymox Pharmaceutical (NYMXF) has announced the resumption of its stock trading on the OTCQB Venture Market, representing an upgrade from its previous listing tier. This new listing makes the stock eligible for proprietary broker-dealer quotations. The company's president, Paul Averback, expressed gratitude towards the OTC teams for their guidance during the transition process and thanked shareholders and investors for their patience and support. He emphasized the company's focus on advancing prostate treatments to address the market's need for safer and more effective solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
42.86%
Tags
none
-
News
Rhea-AI Summary

Nymox Pharmaceutical (OTC: NYMXF) has announced the filing of its Annual Report with the Securities and Exchange Commission (SEC) on August 29, 2024. The company, which trades on the OTC Markets, made this announcement on August 30, 2024, from Irvine, California. This timely filing of the Annual Report is a important regulatory compliance step for publicly traded companies, providing investors and regulators with essential financial and operational information about the company's performance over the past year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Rhea-AI Summary

Nymox Pharmaceutical (OTC: NYMXF) has announced an update on its Annual Report progress. The company began working on the report in late February after receiving previously withheld corporate documents from terminated officers and directors. This situation has led to unexpected delays in completing the report. Despite these challenges, Nymox expects the audit to be finalized soon, with the Annual Report to be issued shortly after. The company acknowledges the delay is beyond its control and is working to release the report as quickly as possible.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Nymox Pharmaceutical (OTC: NYMXF) announced that its Marketing Authorization Application (MAA) to the Danish Medicines Agency (DKMA) for Nymozarfex™ has expired and requires resubmission with a new fee. The current application does not meet the Medicines Act conditions for marketing authorization. Key issues include:

1. Developing an assay method for impurities below 0.1%
2. Providing additional evidence of double-blinding in long-term follow-up studies
3. Addressing remaining questions about data analysis

Nymox believes it has the necessary data for resubmission but cannot guarantee resolution of all issues. The company's MAA to the UK's MHRA is still in process. No significant safety concerns were reported for Nymozarfex in human clinical trials.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.29%
Tags
none
-
Rhea-AI Summary
Nymox Pharmaceutical (NYMXF) announces the end of Bahamas litigation with a court order in their favor, awarding costs and damages. CEO Dr. Paul Averback highlights the victory and commitment to shareholders. The company progresses with Nymozarfex drug treatments for prostate issues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.94%
Tags
none
-
Rhea-AI Summary
Nymox Pharmaceutical Corporation (NYMXF) anticipates a positive year ahead after making significant advancements in the review process for their Nymozarfex drug for BPH and low-grade prostate cancer. The company has also undergone management changes and is committed to keeping shareholders informed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
41.54%
Tags
none
Rhea-AI Summary
Nymox Pharmaceutical Corporation (NYMXF) has obtained a preliminary injunction against certain individuals and is taking legal action against them for various wrongdoings. The company is confident in its position and continues to be supported by the majority of its shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
none
-
Rhea-AI Summary
Nymox Pharmaceutical Corporation (NYMXF) has filed a lawsuit against AscellaHealth, LLC in the California Superior Court, Orange County, alleging unlawful means in repeated attempts to gain control of Nymox for its own advantage. Nymox is seeking $250 million in compensatory and punitive damages.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.61%
Tags
none
-
Rhea-AI Summary
Nymox Pharmaceutical Corporation (NYMXF) files lawsuit against AscellaHealth, LLC for alleged illegal corporate espionage and attempts to gain control of the company. Nymox seeks $250 million in compensatory and punitive damages for the unlawful conduct.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.81%
Tags
none
Rhea-AI Summary
Nymox Pharmaceutical Corporation has announced that the Bahamian Court has suspended the Ex Parte Order obtained by activist shareholders. The court accepted Nymox's arguments and will now proceed to formally set aside the order. Nymox will also seek payment of legal costs and damages from the shareholders. For more information, contact info@nymox.com or 800-936-9669.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.24%
Tags
none

FAQ

What is the current stock price of Nymox Pharm (NYMXF)?

The current stock price of Nymox Pharm (NYMXF) is $0.11995 as of February 28, 2025.

What is the market cap of Nymox Pharm (NYMXF)?

The market cap of Nymox Pharm (NYMXF) is approximately 10.1M.

What is Nymox Pharmaceutical Corporation known for?

Nymox is recognized for its research and development of drugs catering to the aging population, with a focus on conditions like benign prostatic hyperplasia and low-grade localized prostate cancer.

What is the lead drug candidate of Nymox Pharmaceutical Corporation?

Fexapotide Triflutate (NX-1207) is the flagship drug candidate of Nymox, which has undergone Phase III trials for benign prostatic hyperplasia and Phase II trials for low-grade localized prostate cancer.

What products does Nymox Pharmaceutical Corporation offer?

Nymox markets Nicalert and Tobacalert test strips for tobacco product detection, along with Alzheimalert, a proprietary urine assay aiding in Alzheimer's disease diagnosis.

Where is Nymox Pharmaceutical Corporation headquartered?

The company is headquartered in Nassau, Bahamas, and operates on a global scale, serving markets in Canada, the US, Europe, and internationally.

When was Nymox Pharmaceutical Corporation founded?

Nymox Pharmaceutical Corporation was established in 1989, showcasing decades of experience in the biopharmaceutical industry.
Nymox Pharm

OTC:NYMXF

NYMXF Rankings

NYMXF Stock Data

10.08M
51.74M
44.63%
0.14%
2.23%
Biotechnology
Healthcare
Link
Bahamas
Nassau